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Im locking rates in using US Treasury bonds with 2033 maturies. I guess I wasnt clear enough

I started to scale in a portion of my cash reserves (that were getting 5% at IB) into 10y Treasury notes. My thinking is that: -A recession in the next 2 years is like a 30-40% chance -Rick Santelli was on CNBC talking about how rates might go to 13%, which gives me contrarian indicator vibes...

I started to scale in a portion of my cash reserves (that were getting 5% at IB) into 10y Treasury notes. My thinking is that: -A recession in the next 2 years is like a 30-40% chance -Rick Santelli was on CNBC talking about how rates might go to 13%, which gives me contrarian indicator vibes...

I dont have time to go in depth but I will leave you with a thought: everything is a pyramid scheme

Good token farming opportunity with Friends on Tech https://www.friend.tech/ You need to download the app, create an account (needs a tiny amount of ETH in the Base Blockchain, which is an Ethereum copy) and engage with accounts there. Codes to have access to the app ft-wrmo3mum ft-vo18ffks...

Top cryptobets for the next 12-24 months Solid: -ETH/BTC/DOGE Riskier but with more potential: -Top NFTs like cryptopunks, top artblocks, XCOPY

ISM manufacturing today was horrendous. lowest since may 2020. Price Index suffered "The Prices Index registered 43 percent, down 3.6 percentage points compared to the October figure of 46.6 percent; this is the index’s lowest reading since May 2020 (40.8 percent)" The Fed will prolly do their...

Thank you but that is very unlikely. Its a lot of work to write a book. I would love to see another ET writing an trader interview book with folks from DeFi, crypto and NFTs. Lots of great traders there, with big p&ls. I could even refer some people but I'm unlikely to want to put the work in...

-"When a trader starts to feel really smart he/she is headed for a huge drawdown."

-Never get family and friends involved in an investment. I got a few relatives to buy BTC and ETH plus an NFT and now they are all down on it. They ask me about it from time to time, which is not fun. I'm convinced they will all make money in the end (and I would cover their losses if they did...

-The barbell strategy is great, leverage is a sure way to blow up. Its just so comforting to have safe assets that can help you handle a collapse in risk assets, and those risk assets are so levered in the first place that there is no need to use actual leverage. Nobody using the barbell has...

Lessons I learned from this cycle -Build a plan for the cycle before the frenzy starts, stick to that plan, ignore hype. I plan to even use GTC orders in exchanges to make sure I sell automatically as my targets are hit -Even pros can fall to emotions. This I learned back in 2009 when you had...

On the exchange side, I was fortune enough to have bailed out of FTX before they imploded. I took most of my crypto off after the president of FTX US stepped down like a month ago and the rest after CZ tweeted about dumping his FTT. According to some laywers I spoke, there is still a clawback...

In NFTs, its been a mixed bag, I had some gains, some losses but if i had to guess, i think im down on them (bookkeeping in nfts is a nightmare). But I also round tripped a ton of profits, I probably gave back over $300K-$400K worth of profits that I didnt take. Why didnt I take? I'm not used to...

An update, markets have been brutal in the last few months, every time thing stabilize, more bad news hit the tape. Its been difficult and painful but I'm not giving up on crypto or NFTs. That was a huge mistake I made in 2018/2019. I bought a bunch of BTC, quit crypto and went back to stocks...

The cost of "free yield" I warned several times against this company

Everytime I make a deposit on IB (from anywhere really) I get hit by info requests. Now, I just make withdraws, no deposits, ever

Could this be related to the recent volatility in FX markets and the Brazilian presidential election which is next Sunday?

I have used them for years and im getting the same restriction. I opened a ticket but I'm not holding my breath. It would be a shame if they restricted that right when the interest rate differential is at a multi year highs

Dont fade ethereum https://newsletter.banklesshq.com/p/is-the-merge-priced-in?utm_source=substack&utm_medium=email&triedSigningIn=true